Partnering with Federal Home Loan Banks

Filed in Codes and Standards, Education, Housing Finance by on July 28, 2016 0 Comments

Webinars_pngGet a better handle on financing affordable housing projects by tuning into Builder Partnerships with Federal Home Loan Banks, an NAHB webinar that will take place at 3 p.m. ET on Wednesday, Aug. 3.

The FHLBanks Affordable Housing Program is the largest private source of grant funds for the purchase, construction and renovation of housing for low- to moderate-income families in the United States.

Each year, the FHLBanks are required to set aside 10% of their net income to fund the program, which can help home builders and developers finance affordable housing developments, create homeownership opportunities and stabilize neighborhoods, while reaching new customers and growing business opportunities.

Each FHLBank also operates a Community Investment Program that offers below-market-rate loans to members to provide long-term financing for housing and economic development that benefits low- and moderate-income families and neighborhoods.

Attend this webinar to gain a better understanding of how the program operates — and how it can benefit both single-family and multifamily builders and developers.

Learn more and register here.





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